NFL: In a major development just 10 days after their dramatic 29-13 victory over the New England Patriots in Super Bowl LX (February 8, 2026), the Seattle Seahawks franchise has officially been put on the market.
The Estate of Paul G. Allen announced on February 18, 2026, that it has commenced a formal sale process for the NFL team, fulfilling the late co-founder of Microsoft’s long-stated directive to eventually divest his sports holdings and direct all proceeds to philanthropy.
Feb 9, 2026; San Francisco, CA, USA; NFL commissioner Roger Goodell speaks at the Super Bowl LX host committee handoff press conference at Moscone Center. Mandatory Credit: Kirby Lee-Imagn Images
Feb 9, 2026; San Francisco, CA, USA; NFL commissioner Roger Goodell speaks at the Super Bowl LX host committee handoff press conference at Moscone Center. Mandatory Credit: Kirby Lee-Imagn Images
NFL’s Seattle Seahawks Officially Up for Sale: Paul G. Allen Estate Launches Formal Process After Super Bowl LX Win
The official team statement, posted across the Seahawks’ website, social media channels (including Instagram and X), and confirmed by multiple outlets (ESPN, Seattle Times, Associated Press, and more), reads:
“The Estate of Paul G. Allen today announced it has commenced a formal sale process for the Seattle Seahawks NFL franchise, consistent with Allen’s directive to eventually sell his sports holdings and direct all Estate proceeds to philanthropy. The Estate has selected investment bank Allen & Company and law firm Latham & Watkins to lead the sale process, which is estimated to continue through the 2026 off-season. NFL owners must then ratify a final purchase agreement.”
This confirms earlier reports from late January 2026 that the team would go up for sale following the Super Bowl, and it comes at a time of peak franchise value—fresh off a championship, with a young core led by QB Sam Darnold, a dominant defense under coach Mike Macdonald, and strong fan support in the Pacific Northwest.
Key Details on the Sale Process
Dec 18, 2025; Seattle, Washington, USA; Detail view of the Seattle Seahawks helmet before the game against the Los Angeles Rams at Lumen Field. Mandatory Credit: Kevin Ng-Imagn Images
Dec 18, 2025; Seattle, Washington, USA; Detail view of the Seattle Seahawks helmet before the game against the Los Angeles Rams at Lumen Field. Mandatory Credit: Kevin Ng-Imagn Images
Timeline: Expected to run through the 2026 offseason, with potential completion by late summer or fall 2026. The NFL requires 75% owner approval (24 of 32 votes) to ratify any final deal.
Advisors:Allen & Company (investment bank known for high-profile sports/media deals)
Latham & Watkins (law firm handling legal aspects)
Valuation Expectations: Analysts project the Seahawks could fetch a record price for an NFL team, exceeding the $6.05 billion paid for the Washington Commanders in 2023. Estimates range from $7–$8 billion or higher, given the recent title, Seattle market, and NFL’s booming media rights deals.
Philanthropy Focus: Consistent with Paul Allen’s wishes (he passed away in 2018), all net proceeds will support charitable causes through the estate.
Paul Allen purchased the Seahawks in 1997 for $200 million, saving the team from relocation threats and building it into a two-time Super Bowl champion (2005 appearance, 2026 title). His sister Jody Allen has served as trustee of the estate and chair of the team since his death, maintaining stability while adhering to the long-term plan to sell.
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